Insurance
Asia-Pacific Guide 2025 : Singapore
Band 1
About
Provided by Rajah & Tann Asia
The firm's Insurance & Reinsurance Practice is led by lawyers with almost 30 years' experience in the industry, who have been consistently recognised by established publications as leaders in insurance and reinsurance law in Singapore. With unmatched depth of expertise and breadth of experience, the specialist team provides a full range of legal services, including advising on and drafting insurance and reinsurance policies, treaties, intermediary arrangements and distribution agreements; defending claims and subrogated recoveries before domestic courts and arbitral tribunals; corporate insurance (acquisition or sale of insurance and reinsurance businesses, as well as portfolio transfers); and advising on regulatory and licensing aspects in relation to both the general, life insurance and reinsurance businesses.
The team is able to call upon the expertise of other practice areas within its full-service law firm and leverage on this advantage to create real value to clients by providing complete legal solution offering when faced with issues relating to other areas of the law. On the defence and recoveries front, its practitioners' involvement in almost every high-profile dispute and landmark case provides reassuring proof of its position as leading insurance and reinsurance law specialists, appearing before the Singapore courts, and arbitrations and litigations before other tribunals in Norway, Hong Kong, Malaysia, and Indonesia, among others.
Chambers Review
Rajah & Tann Singapore is a longstanding local firmwith strength in both contentious and non-contentiousinsurance matters.The insurance and reinsurance team regularly acts for major international general and life insurers as well as domestic companies, and is especially active assisting clients withregulatory and corporateinsurance work. The firm's local law capability and rights of audience before Singapore courts allows the firm to provide a full-service offering.
Work Highlights
- Rajah & Tann advised AIG Insurance on a USD2.2 million recovery action regarding damage to CCTV within carpark of Marina Bay Sands.
Strengths
Provided by Chambers
"As always, the team's knowledge and experience and abilities to help solve issues are second to none."
"Rajah & Tann has a dedicated insurance practice, and hence for clients who prefer engaging local firms who understand the local legal landscape well, they have a clear advantage."
"As always, the team's knowledge and experience and abilities to help solve issues are second to none."
"Rajah & Tann has a dedicated insurance practice, and hence for clients who prefer engaging local firms who understand the local legal landscape well, they have a clear advantage."
Notable Practitioners
Simon Goh is head of the insurance and reinsurance practice group at Rajah & Tann Singapore. An influential senior adviser, he sits atop the Singapore insurance market with a broad practice encompassing claims work and insurance-related corporate matters.
"He understands the industry and can think from regulators' perspectives, thus addressing things in the best ways."
"Simon is without a doubt the premiere insurance lawyer in the Singapore market today."
Elaine Tay is able to assist global insurers with a range of contentious matters, including property and construction-related claims, and can also offer transactional and regulatory advice.
"She is very practical and solution-focused. She understands our business, how reinsurance works and Singaporean environment."
"Elaine is a veteran in the insurance law space and is pragmatic and experienced."
Wang Ying Shuang is an up-and-coming insurance lawyer who is well-versed at handling cross-border mandates, often acting as local counsel and advising clients on the regulatory implications of the matters. She also engages on contentious insurance issues.
"She is commercially-minded and knows the regulations in Singapore very well. She is a safe pair of hands so if we do have questions on regulations, we will definitely go to her."
Ranked Lawyers at
Rajah & Tann Asia
Singapore